Orderly Network will conduct an airdrop this month and will allocate 60% of the net fee rewards to token stakers.
PANews reported on August 9 that according to the official announcement, Orderly Network announced that the airdrop event will be held in August, and updated its token economics information. 1 billion ORDER tokens, of which 55% will be used for ecosystem development (including airdrops), 20% for the Orderly team and advisors, 15% for strategic investors, and 10% will be kept in the Orderly Foundation treasury to promote exchange liquidity, etc. In the total supply, 13.3% is used for airdrops. In addition, Orderly stated that so far, it has generated over $8 million in net fees, and after the TGE, 60% of these new net fees will continue to belong to Orderly stakers, token holders will be able to stake immediately after the TGE, and staking rewards will be paid in USDC at the time of redemption.
